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General Motors Company (NYSE:GM) shares are trading higher after Wedbush initiated coverage on the stock with an Outperform rating and announced an $85 price target. Wedbush analyst Daniel Ives believes 2021 serves as an inflection point for the legacy automaker as it charts a complete shift towards an electric future and has the potential to double its market cap by the end of 2022.
...read full article on Benzinga